LONDON: National Grid plc (LON:NG) will be issuing its quarterly earnings data before the market opens on Tuesday, November 10th.
National Grid plc (LON:NG) traded down 3.57% during trading on Friday, hitting GBX 894.20. The stock had a trading volume of 10,890,874 shares. The firm’s market capitalization is GBX 33.46 billion. National Grid plc has a 1-year low of GBX 806.40 and a 1-year high of GBX 965.00. The firm has a 50 day moving average price of GBX 911.10 and a 200-day moving average price of GBX 877.54.
Several research firms have commented on NG. HSBC reaffirmed a “buy” rating and issued a GBX 980 ($15.12) price target on shares of National Grid plc in a report on Friday, July 17th. Credit Suisse reiterated an “underperform” rating and issued a GBX 780 ($12.04) price objective on shares of National Grid plc in a research note on Tuesday, August 18th. Investec restated a “hold” rating and set a GBX 834 ($12.87) price target on shares of National Grid plc in a research report on Monday, July 20th. Sanford C. Bernstein reiterated an “outperform” rating and issued a GBX 990 ($15.28) target price on shares of National Grid plc in a research report on Monday, September 7th. Finally, Jefferies Group reissued a “buy” rating on shares of National Grid plc in a research note on Wednesday, July 15th. Four investment analysts have rated the stock with a sell rating, eight have given a hold rating and four have assigned a buy rating to the company. National Grid plc has a consensus rating of “Hold” and an average price target of GBX 895.33 ($13.81).
National Grid Plc is an electricity and gas utility company. Great britain Electricity Transmission comprises high voltage electricity transmission networks in Great Britain. Its UK Gas Transmission offers the gas transmission network in Great Britain and UK liquefied natural gas (LON:NG) storage tasks. The UK Gas Distribution of the Firm includes four of the eight regional networks of Great Britain’s gas supply system. US Controlled comprises electricity distribution networks, gasoline distribution networks and high voltage electricity transmission networks in Ny and New England and electricity generation facilities in Nyc and Massachusetts.
